PPF Calculator

PPF stands for Public Provident Fund

Any Citizen of India can open PPF account. The interest rates on PPF account is decided by the government of India in each quarter. Currently PPF interest rate is 8%. By the view of Tax PPF investments comes under "EEE" criteria. That makes is best tax free investment.

Want to know how much about PPF amount of interests earned over the period or how your investment grows over the years, final maturity amount etc . Here is a online PPF calculator to Calculate the respective amount with variable time and interest rates. PPF is a scheme used for Long term investment and tax saving No tax is applicable on the amount invested under PPF and on interest earn.

What is Public Provident Fund (PPF) ?

PPF or Public Provident Fund is a Government of India long term small savings cum tax saving scheme. The PPF account provides fixed returns to investors at rates that are decided by the Indian Govt. in Each Financial Quarter and features a maturity of 15+ years. India’s PPF scheme was launched in 1968 with the aim of promote small savings from every Indian to help secure the financial future.

PPF is EEE ?

PPF investments are tax free by three way. Investment is Tax Free, Interest Earned on PPF is Tax Free and finally when your PPF account is mature you can take your saving also tax free. EEE Means Exempted, Exempted and Exempted.

Can I take Loan against PPF ?

The option of loan against PPF is available from the 3rd year calculated from the account opening date till the end of the 6th year of the PPF account. The amount that can be availed as a loan is linked to the total value of PPF deposits plus any accrued interest. The amount that be availed as loan against PPF as calculated by the PPF return calculator is equal to 25% of the PPF balance in the account for the year preceding the year of PPF loan application. For example, if you apply for a PPF account in March 2019, the qualifying amount will be calculated based on the closing balance in March 2018.

PPF Advantage

Current interest rate : 8% (For April to June 2019)

Duration of scheme : 15 years

Minimum deposit amount (per year) : 500

Maximum deposit amount (per year) : 1,50,000

Number of installments every year : 1 (Min) to 12 (Max)

Number of accounts one can open : Only One

Lock-in period : 15 years (partial withdrawals can be made from the sixth year)

Extension of PPF Account : After the maturity period (15 years), it can be extended for a period of 5 years multiple times.